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Dr.What (OP)
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December 11, 2013, 09:32:39 AM
 #1

Hello everyone. I got started a month or so back with a block erupter from ebay. Been lurking and learning about cryptocoins and thought it was time to join. I'm even mining a few altcoins and keeping all the fans blowing, haha.
Jacce
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December 11, 2013, 09:37:21 AM
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Hello and welcome! I suggest you read https://bitcointalk.org/index.php?topic=177133.0
newcn
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December 11, 2013, 09:51:21 AM
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Hello and welcome!

BTC:1NzzfeHCgN8fF6mSG1UeBFCVd2cxKbGyHk
NXT:13187911577562526278
shorena
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December 11, 2013, 11:13:32 AM
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How much did you invest in the block erupters and how much did you get in return?

tl;dr: was it profitable? Wink

Im not really here, its just your imagination.
Dr.What (OP)
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December 11, 2013, 09:27:59 PM
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How much did you invest in the block erupters and how much did you get in return?

tl;dr: was it profitable? Wink

I paid $21 shipped from ebay. So far I've mined 0.029 on slush's pool.
shorena
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December 11, 2013, 10:21:28 PM
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How much did you invest in the block erupters and how much did you get in return?

tl;dr: was it profitable? Wink

I paid $21 shipped from ebay. So far I've mined 0.029 on slush's pool.

So basicly no, but hey at least you didnt pay that moon prices they take here (>80€ for a single stick)

Im not really here, its just your imagination.
fractalridge
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December 11, 2013, 10:27:14 PM
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Am I correct that block eruptors are only useful for SHA based mining?  With Bitcoin valuation going up so far unless you have MegaHash hardware you can't really get a ROI. 

Thanks!
shorena
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December 11, 2013, 10:31:26 PM
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Am I correct that block eruptors are only useful for SHA based mining?  With Bitcoin valuation going up so far unless you have MegaHash hardware you can't really get a ROI. 

Thanks!

Yes sha 256 only, but other coins use that as well, though they are not valueable enough to make up for the energy costs. But that can change ofc.
High Bitcoin value is a good thing for miners, because it means their mined fractual bitcoin is worth more. His stick does ~330MH/s and costs ~2,5 Watt in energy depending on the energy costs 330MH/s = less BTC than you need to pay for 2,5 Watt.

Im not really here, its just your imagination.
peta4e
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December 11, 2013, 11:15:40 PM
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I heard good things about Unobtanium - UNO : )
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